The WCIRB has launched its 2019 Experience Modification Estimator for insurers, agents and brokers to help policyholders understand how payroll and claims experience will affect the computation of their 2019 experience modification.
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WCIRB Wire
In this section, you will find current news stories from the WCIRB. To view stories from previous years, choose a year from the pull-down menu at the right of this page.
The WCIRB has released its 2018 State of the California Workers’ Compensation Insurance System which highlights the cost of California workers’ compensation insurance based on premiums paid by insured employers, illustrates how premium dollars are distributed among various system components, details key cost drivers in the system and provides a summary of statewide insurer results.
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The California Department of Insurance (CDI) announced that it will hold a public hearing on August 3, 2018 to consider the WCIRB’s January 1, 2019 Regulatory Filing, which was submitted to the CDI on June 29, 2018.
The hearing will be held:
August 3, 2018 at 10:00 AM
California Department of Insurance
45 Fremont Street
22nd Floor Hearing Room
San Francisco, CA 94105
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Beginning in August 2018, the entire letter of authorization process will be online and fully integrated with WCIRB Connect.
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Today, the WCIRB submitted to the California Department of Insurance (CDI) a January 1, 2019 Regulatory Filing that proposes changes to the Insurance Commissioner’s regulations contained in the California Workers’ Compensation Uniform Statistical Reporting Plan–1995 (Uniform Statistical Reporting Plan), the California Workers’ Compensation Experience Rating Plan–1995 (Experience Rating Plan), and the Miscellaneous Regulations for the Recording and Reporting of Data–1995 (Miscellaneous Regulations).
The Filing contains the following proposals:
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The WCIRB has released its report on workers' compensation losses and expenses for 2017. The report is prepared annually pursuant to Section 11759.1 of the California Insurance Code.
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The WCIRB Actuarial Committee will meet on June 15, 2018 at the WCIRB’s office in Oakland, California.
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The WCIRB Governing Committee will meet on June 13, 2018 at the WCIRB’s office in Oakland, California.
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The WCIRB Classification and Rating Committee will meet on June 13, 2018 at the WCIRB’s office in Oakland, California.
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Today, the California Insurance Commissioner issued a Decision regarding the WCIRB’s July 1, 2018 Pure Premium Rate Filing.
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The WCIRB Classification and Rating Committee will meet on May 31, 2018 at the WCIRB’s office in Oakland, California.
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The WCIRB has released its Impact of the Affordable Care Act on California Workers’ Compensation study.
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Earlier today, the WCIRB testified at a California Department of Insurance (CDI) public hearing regarding the WCIRB’s July 1, 2018 Pure Premium Rate Filing which was submitted to the CDI on April 9, 2018.
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The WCIRB Classification and Rating Committee will meet on May 8, 2018 at the WCIRB’s office in Oakland, California.
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Enrollment is now open for Ownership and Experience Rating, the newest course offered from WCIRB CompEssentials.
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The WCIRB has released its enhanced Quarterly Experience Report based on statewide workers’ compensation insurer loss and premium experience through December 31, 2017.
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The CDI announced that it will hold a public hearing on May 2, 2018 to consider the WCIRB’s July 1, 2018 Pure Premium Rate Filing
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Today, the WCIRB submitted a July 1, 2018 Pure Premium Rate Filing to the California Department of Insurance (CDI) proposing advisory pure premium rates that average $1.80 per $100 of payroll effective July 1, 2017.
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The WCIRB Governing Committee voted to authorize the WCIRB to submit a mid-year pure premium rate filing to the California Department of Insurance (CDI).
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The WCIRB Governing Committee will meet on Wednesday, April 4, 2018 at the WCIRB’s office in Oakland, California.
The Governing Committee will review the Actuarial Committee’s analysis of insurer experience as of December 31, 2017 and consider whether a mid-year pure premium rate filing is warranted.
The full agenda, including the location and time of the meeting, is available in the Committee Meeting Documents page of the WCIRB’s website (wcirb.com).
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The WCIRB Actuarial Committee will meet on Tuesday, April 3, 2018 at the WCIRB’s office in Oakland, California.
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In an open letter to the California workers' compensation community posted on WCIRB.com, President and CEO Bill Mudge underscores the WCIRB’s ongoing commitment to fostering a healthy workers’ compensation system, highlighting some of the WCIRB's key initiatives and accomplishments from the past year.
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The WCIRB held its 102nd Annual Meeting in Oakland for the purpose of electing new insurer members to the Governing Committee and Classification and Rating Committee to fill vacancies created by expiring terms.
Committee members elected at today’s meeting will serve a three-year term expiring at the Annual Meeting in 2021. The members elected the following:
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The WCIRB Actuarial Committee will meet on Monday, March 19, 2018 at the WCIRB’s office in Oakland, California.
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The WCIRB has released its Study of Chronic Opioid Use and Weaning in California Workers’ Compensation. This Study uses data from the WCIRB databases of medical transaction records and unit statistical reports to help understand the cost implications of chronic opioid use and the process of weaning injured workers off of opioids in California workers’ compensation.
Key findings of the Study include:
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The WCIRB Classification and Rating Committee will meet on March 20, 2018 at the WCIRB’s office in Oakland, California.
At the meeting, the Committee will review draft classification studies for the following:
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The WCIRB Classification and Rating Committee will meet on January 23, 2018 at the WCIRB’s office in Oakland, California.
At the meeting, the Committee will review proposed amendments regarding the reporting of certain medical only claims, proposed changes to the explanatory page of the WCIRB experience rating worksheet, a draft Telecommunications study and a draft Aircraft Charter classification study.
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